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Author Topic: [ Bonus PPS Pool - 130% PPS - OPEN ]  (Read 86046 times)
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July 11, 2012, 03:04:17 AM
 #1301

Back up, fingers crossed for now. I went over everything twice that could be remotely responsible for the problems so now its all up to the gods of the internet.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 11, 2012, 07:42:11 PM
 #1302

Since the last post things seem to have been resolved nicely, Im sure rest of you would have noticed that aswell. Smiley

In other news, I am busy discussing terms and the requirements with a new guy that I am going to hand over the work required for clientside webstats/backend managing all the current "stuff" including some much needed new features and services. As soon as I get him up to speed I will update here, then hopefully not long after the first updates will appear.

Onwards and Upwards.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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Interesting.


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July 13, 2012, 02:08:57 AM
 #1303

Thanks god!

Make him look to algorithm responsible to calculate the hashrate.
After some hours without checking, the first time i check the stats always gives double hashrate.

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July 13, 2012, 02:11:11 AM
 #1304

Cool.... I like stuff Smiley Here is a "High Five" !
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July 13, 2012, 05:21:09 PM
 #1305

Just had 2-3minutes of pool problems, most of you likely wouldnt even have noticed, sorted now.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 14, 2012, 04:59:55 PM
 #1306

The webstats search is at times extremely slow and may also timeout due to the way its processing shares and pulling it from DB atm combined with the large sharecount.

All I can say right now is that either try again if it times out or wait for it while its loading, end of payment cycles everyone will get the correct sharecount payout as usual and as long as you submit shares then they will be counted.

Please try to avoid continuously hammering the search, it is what it is right now and hammering it wont make it load faster. Smiley

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 14, 2012, 08:34:36 PM
 #1307

Remind me again,

When's the end of this round?

Tuesday night?

Weekly cycle from then on?
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July 14, 2012, 08:59:02 PM
 #1308

This was the last post about the changes and next payment: https://bitcointalk.org/index.php?topic=60717.msg1012934#msg1012934

3. There will be payment cycle correction the first time around running from 8 July 00:00:00 - 17 July 23:59:59 and paid out by the end of Wednesday July 18 which will be the new payment cycle payout day of the week.

4. Once the first correction is done the payment cycle will then run once a week from each Wednesday 00:00:00 - next coming Tuesday 23:59:59 so that payment will allways go out by the Wednesday night. Example for first payment cycle after the correction of payment cycle: July 18 00:00:00 - July 24 23:59:59, paid out by the end of Wednesday July 25. This comes out to a 7day cycle rather than 8days and keeps each consecutive payment date the same.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 15, 2012, 01:08:31 AM
 #1309

This was the last post about the changes and next payment: https://bitcointalk.org/index.php?topic=60717.msg1012934#msg1012934

3. There will be payment cycle correction the first time around running from 8 July 00:00:00 - 17 July 23:59:59 and paid out by the end of Wednesday July 18 which will be the new payment cycle payout day of the week.

4. Once the first correction is done the payment cycle will then run once a week from each Wednesday 00:00:00 - next coming Tuesday 23:59:59 so that payment will allways go out by the Wednesday night. Example for first payment cycle after the correction of payment cycle: July 18 00:00:00 - July 24 23:59:59, paid out by the end of Wednesday July 25. This comes out to a 7day cycle rather than 8days and keeps each consecutive payment date the same.

Thx, guess I was too lazy to digg up that old post  Wink
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July 15, 2012, 02:20:00 AM
 #1310

Hey did you get my snail mail about me increasing my hashing juice?
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July 15, 2012, 02:47:11 AM
 #1311

Hey did you get my snail mail about me increasing my hashing juice?

You told me in irc?  Roll Eyes

Didnt get any email from you.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 15, 2012, 02:49:16 AM
 #1312

Oh sorry.. I wrote you a letter with a stamp on it.I mailed it to Clipse on the Internet Tongue Tongue ( just joking.. I know I told you on IRC)


Got new mobo's and PSU's.... I went with a couple Thermaltake 750watters on Sale @ Canada Computers



will have dedicated rigs going in the next couple weeks.... most likely 1 per week..
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July 15, 2012, 02:59:16 AM
 #1313

Oh sorry.. I wrote you a letter with a stamp on it.I mailed it to Clipse on the Internet Tongue Tongue ( just joking.. I know I told you on IRC)


Got new mobo's and PSU's.... I went with a couple Thermaltake 750watters on Sale @ Canada Computers



will have dedicated rigs going in the next couple weeks.... most likely 1 per week..

LOL

That letter is likely stolen/eaten/urinated on by now, I hope you insured it. Tongue

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 16, 2012, 01:11:56 PM
 #1314

The stats page a few days ago has started to take a long time to load. 1-2 minutes. Sometimes a refresh is necessary. Anyone else had this issue?
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July 16, 2012, 01:17:55 PM
 #1315

The stats page a few days ago has started to take a long time to load. 1-2 minutes. Sometimes a refresh is necessary. Anyone else had this issue?

https://bitcointalk.org/index.php?topic=60717.msg1030653#msg1030653

Quote
Clipse: The webstats search is at times extremely slow and may also timeout due to the way its processing shares and pulling it from DB atm combined with the large sharecount.

All I can say right now is that either try again if it times out or wait for it while its loading, end of payment cycles everyone will get the correct sharecount payout as usual and as long as you submit shares then they will be counted.

Please try to avoid continuously hammering the search, it is what it is right now and hammering it wont make it load faster.
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July 16, 2012, 01:32:17 PM
 #1316

The stats page a few days ago has started to take a long time to load. 1-2 minutes. Sometimes a refresh is necessary. Anyone else had this issue?

https://bitcointalk.org/index.php?topic=60717.msg1030653#msg1030653

Quote
Clipse: The webstats search is at times extremely slow and may also timeout due to the way its processing shares and pulling it from DB atm combined with the large sharecount.

All I can say right now is that either try again if it times out or wait for it while its loading, end of payment cycles everyone will get the correct sharecount payout as usual and as long as you submit shares then they will be counted.

Please try to avoid continuously hammering the search, it is what it is right now and hammering it wont make it load faster.

I will have a fix for this by next payment cycle to make it bit snappier, also I am making a post regarding bonuspool bit later today that will take effect on next payment cycle(wednesday).


...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 16, 2012, 05:17:16 PM
 #1317

NEW CHANGES STARTING WEDNESDAY 18 JULY 00:00:00 :

I have done everything I can to keep the extra incentives rolling month after month however my personal dealings with BTC sales have dropped down to near zero and the markups I can get from my regular clients have decreased alot since the BTC price increase which in turn is causing me to run Bonuspool with the current payout at a loss for over a month now. I wasnt concerned about this since I had a decent buffer and figured I would let it ride and see if there is a change in market conditions but unfortunately not much changed except me starting to payout continously from my own funds.

From July 18 I will start to take the first steps towards the future of Bonuspool which would atleast ensure its survival at better rates than any other PPS pool. The following changes will be handled manually until the end of August when the new website will be up and fully functional and so the pool will move out of Beta and ready for direct public signups.

All users who remain between now and public Signup(1 September) will be given extra perks such as access to an additional Jackpot Fund where only they will get extra rewards from as a way for me to say thanks for their ongoing support through the changes.

I will not be flagging users for hashrate variances any more with the new changes even though I would obviously appreciate it if users would remain as dedicated as they have been over the last 6 months. There is one caveat, users will still need to inform me if they wish to increase their hashrate so that I can make the neccesary poolwide adjustments in case any is needed at the time so when you signup please provide me with an accurate maximum hashrate.

From the Wednesday July 18 payment cycle onwards there will be 2 types of accounts on the pool. Feel free to PM/email me if the below details doesnt explain the setup well enough for you, I am sure some users will find it confusing at first so please contact me with whatever questions you may have.

Regular Miners:

Quote

This would be ideal for users who doesnt want funds held up for a week at a time however they will get penalised with a fee if they request withdrawals before payment date, even with the fee this offer is the best PPS with allmost-immediate payout option available and even more value is added with the Weekly Jackpot draw which can earn most miners 2x their regular weekly earnings if they are the lucky winner.

Earnings:

101% PPS rate (extra 1% effectively means we pay for stales since the avg user had <1% stales over the last month)
Payment cycle Wednesday 00:00:00 UCT+2 - Tuesday 23:59:59 UCT+2

Requesting withdrawal before end of Payment cycle(Full balance only):

Next day withdrawal (1% fee) :
Request funds between 00:00:01 UCT+2 - 14:59:59 UCT+2 and I will process the withdrawal before the next day 23:59:59 UCT+2 , if I am unable/unavailable and the payment isnt made in time then I will process it at 0% fee.

* Withdrawal will be processed for the full balance in your account at the time you send the request, if more BTC were mined after requesting withdrawal that will remain in your account.

Send email from your signup email with the following details:

Subject: Withdrawal [Full balance]
Content: pool miner name


Investment Miners:

Quote
This is meant for users who doesnt need access to their funds regulary and would prefer to let balance grow with interest over a maximum of 4 payment cycles which would yield an extra 11% interest on their investment.

For those of you with a payment due on 18 July, I will use their current balance as the first investment balance payable on 25 July . This first investment will earn users much more than the following investments considering the balance came from 110% PPS.

Investment Earnings:

I used to sell newly minted blocks at a premium and right now I would be looking for the same liquidity but for use in the market on various projects I am working on. I still sell some small volume of new blocks but the request for such a service have died down tremendously with the rise of BTC price.

* Everyone with a balance due for payment on Wednesday July 18 will have their account marked to invest automaticly, please email me from your signup email to the email you received your pool details from before Wednesday if you dont wish to invest and I will pay your balance at normal payment time.

Rates:

All investments may only stack for 4 payment schedules, interest is calculated seperately on investment balance per payment cycle. Non compounded investment.

Payment cycle periods and interest :

For Cycle 1 - 2%
For Cycle 2 - 2.5%
For Cycle 3 - 3%
For Cycle 4 - 3.5%

Example: User invest their current payment due for 18 July for 4 weeks, user balance on initial investment is 50BTC, user earns the following:

Payment cycle 1 : 1 BTC interest on 50BTC
Payment cycle 2 : 1.25BTC interest on 50BTC
payment cycle 3 : 1.5BTC interest on 50BTC
Payment cycle 4 : 1.75BTC interest on 50BTC

Total interest over 4 payment cycles: 5.5BTC or 11% non-compounded interest over 4 payment cycles (roughly a month)

Each payment cycle earnings after the initial investment started will count as a seperate investment period, each investment period can only last 4 payment cycles before it is paid out in full.

* Rates may be adjusted periodicly but each investment will be honoured at the initiated investment rate. All investments are treated on a per payment cycle period thus if I need to adjust rates the user would know before the new payment cycle begin to determine if they want to extend their investment period.
* Investments will automaticly roll over up to 4 payment cycles unless Investor informs me that they want to withdraw at end of current payment cycle.
* I reserve the right to force payout of part or all the investment balance of user end of any payment cycle, the last thing I want to deal with is over-investments. I will do my best to inform the user of the forced payout that will occur.

Requesting withdrawal before end of Payment cycle(Full balance only):

Next day withdrawal for current running balance (1% fee) :
Request funds between 00:00:01 UCT+2 - 14:59:59 UCT+2 and I will process the withdrawal before the next day 23:59:59 UCT+2 , if I am unable/unavailable and the payment isnt made in time then I will process it at 0% fee.

Next day withdrawal for current investment balance (2% fee) :
Request funds between 00:00:01 UCT+2 - 14:59:59 UCT+2 and I will process the withdrawal before the next day 23:59:59 UCT+2 (Interest will be calculated at interest percentage / days invested) , , if I am unable/unavailable and the payment isnt made in time then I will process it at 0% fee.

Subject: Withdrawal [Full balance or Investment Balance] <--- please only indicate one of the 2 per email.
Content: pool miner name


Quote
Weekly Jackpot Fund:

Jackpot runs from Wednesday 00:00:00 UCT+2 - Tuesday 23:59:59 UCT+2, paid before the end of Wednesday 23:59:59 UCT+2
Winner takes all
Will use random.org to select the winner
Prizepool: I will seed the pool each week with a starting balance of 5BTC and the prizepool will increase with total_pool_shares_for_current_cycle * 0.05 * 100% PPS rate as of payment cycle starting date.

* All email requests stated above will be handled via the new website at the end of August, the current approach is temporary and there is finally actively development now on the new website.


What does it all mean ? Well, on average miners will not earn as much as they used to over the last 6 months however they will still earn more than other PPS pools and with the added BonusPool Jackpot weekly payout everyone stands an equal chance to win the accumulated weekly jackpot.

I am quite impressed that I had the chance to keep the rates between 110-115% PPS for 6months, initially I never expected the pool to grow this big over such a small period of time and I am thankful to all the dedicated miners support so far.

I really wanted to make the changes only at the end of August but unfortunately that wouldnt be possible and its also silly to shut the pool down until the new website is ready at the end of August.

Everyone mining atm or with a payment due for July 18 will be placed on Investment Miner by default so please email me if you have no need for investing your balance and I will promptly payout the balance due before Wednesday 23:59:59 UCT+2


Some users may not be reading this thread before the changes and so I will honour the payout that is due on Wednesday 18 July as soon as they email me even after the new payment cycle begins. Users will however just receive their normal payment that is due and no additional interest since they would be willing withdrawing from investing.

Im locking this thread until Sunday so that people wont comment and move the details out of sight for other users who dont keep up with this thread every single day.

If you wish to discuss anything with me please PM or email me, Please note that from now on I will only handle payment/withdrawal requests at the email you received your signup details from so please make sure to direct those queries there and make sure you email me from your own signup email.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 17, 2012, 10:32:10 PM
 #1318

Busy working through shares for payment history, all logging is still running 100% while website is down.

UPDATE: Allmost done, taking much longer with the huge increase of shares to work through this. The new site cant come any sooner before I shoot myself doing it this way much longer.  Tongue

LATEST UPDATE: Ive been hammering through the slow DB over the last 6hrs and I am nearly done but really need sleep now (8am) so I will finish the last few accounts as soon as I wake up and then get webstats online again. All shares so far is being logged and will be updated as soon as webstats come back online.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 18, 2012, 01:27:14 PM
 #1319

Just got up, am busy doing the last of the accounts now should be done within an hour or 2, sorry about this delay.

Pool will be down for a 30-60minutes, probably much less while I work on the last few things.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 18, 2012, 03:16:48 PM
 #1320

Finally finished, glad this is just temporary for a short while longer.

I made some changes to get rid of the DB Sluggishness that everyone experienced the last week specificly, hopefully its faster now until new website comes online.

Again, sorry for the long downtime on webstats, I had no other choice while sorting through the accounts.

I will update the OP of this thread later today to make things alot clearer, I do think my last post about the changes may be a bit difficulty/confusing for alot of people.

I will leave this thread locked for few more days in the mean time please pm/email me if you have any questions, I will happily answer all of it.

PS. I will be allowing gpumax to "leak" shares to bonuspool again, just making sure everything is running right before unblocking gpumax and making it official.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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